Archive for March 11th, 2009

Forex Resources

Here are two Forex Resources that I ran across and added to useful links:



http://www.forexmarkethours.com/ – Easy way to determine market hours for global markets in your timezone. They also have an applet you can download if you prefer.



http://www.fx360.com/ – Great site for Forex information.

Wednesday – 3/11/09

I finished the day flat with a gain of +474 USD. I scalped FAZ once around lunch. The rest of my trades were FX: scalping EUR/USD and GBP/USD in the morning and one afternoon scalp USD/JPY.

I am only trading with 2 with position sizes (10k-20k) in an account I just started with TOS with 1,000 USD. Pretty amazing leverage as it only takes 100 to control 10,000 (1:100 leverage). I really like what I am seeing with regards to setups in the currency pairs. I intend to learn more regarding the market “times” that create or allow the best setups and movements in the respective pairs.